First Sectoral Index to Cross 60,000 Mark; A Multibagger with 600 per cent Gain First Sectoral Index to Cross 60,000 Mark; A Multibagger with 600 per cent Gain It has outperformed the Nifty50 index by a wide margin, with the latter gaining 355 per cent Karan Dsij / Monday, July 15, 2024 0 1923 Article rating: 4.7 A standout performance was observed in a particular sectoral index, which became the first to cross the 60,000 mark, hitting a record high of 60,141.25. Read more
Parag Parikh Fund Increases Stake in M&M-Backed Small-Cap Company with 84 per cent Dividend Payout Ratio: Watch Out! Parag Parikh Fund Increases Stake in M&M-Backed Small-Cap Company with 84 per cent Dividend Payout Ratio: Watch Out! Trading below the industry Price-to-Earnings (PE) ratio, Swaraj Engines Ltd. presents a potentially candidate to keep on your watchlist. Karan Dsij / Monday, July 15, 2024 0 3725 Article rating: 3.4 The fund's equity investments prioritize stocks with strong cash flows, focusing on higher dividend payouts or buybacks. The strategy is to select stocks that offer a 'margin-of-safety' and to capitalize on 'special situations' as they arise. Read more
Heavy buying: Logistics stock jumps 8.75 per cent to an intraday high of 29.93 per share & FIIs increase stake in FY24 Heavy buying: Logistics stock jumps 8.75 per cent to an intraday high of 29.93 per share & FIIs increase stake in FY24 The stock is up by 62.7 per cent from its 52-week low of Rs 18.40 per share and gave multibagger returns of over 500 per cent in 5 years. Kiran Shroff / Monday, July 15, 2024 0 16434 Article rating: 3.0 The stock’s 52-week high is Rs 37.15 while its 52-week low is Rs 18.40 with a spurt in volume by more than 1.50 times on BSE. Read more
5,000 Per Cent Multibagger Returns: Rice Manufacturing Stock in Focus as Company Launches ‘10X Gulistan’ Kachi Ghani Mustard Oil 5,000 Per Cent Multibagger Returns: Rice Manufacturing Stock in Focus as Company Launches ‘10X Gulistan’ Kachi Ghani Mustard Oil As of March 2024, the company's promoters increased their stake to 72.16 per cent and FIIs increased their stake to 0.26 per cent compared to 71.72 per cent and 0.07 per cent in March 2023. Kiran Shroff / Monday, July 15, 2024 0 5917 Article rating: 2.3 This trend is driving demand across both urban and rural areas. Read more
Preferential Allotment at 52 per cent Discount to Promoters and Ace Investors as Company Expands into the Data Center Sector Preferential Allotment at 52 per cent Discount to Promoters and Ace Investors as Company Expands into the Data Center Sector Ace investor Ashish Chug and Sageone Investment Managers (Samit Vartak) name appears in the non-promoter preferential allotment. Karan Dsij / Monday, July 15, 2024 0 5858 Article rating: 3.9 The shares will be issued at Rs. 352 per share. Considering the current market price (CMP) of Rs. 730.60, the shares are being issued at a substantial discount of about 52 per cent. The stock has gained 3,763 per cent in the last one year Read more